Many investors are considering investing in either AI-enabler Broadcom (AVGO) or CPU-maker Intel (INTC). Both have alluring features and both
Broadcom stock was getting a much-needed boost early Thursday. The company looks set to benefit from greater use of its chip designs by Meta Platforms.Meta CEO Mark Zuckerberg pledged “hundreds of billions of dollars” of long-term investment in artificial-intelligence technology alongside the social-media company’s earnings report after the close of trading on Wednesday.
Broadcom rose 5% on Thursday as Meta Platforms announced plans to increase use of chips designed with Broadcom.
In the wake of Broadcom's acquisition of VMware in late 2023, a growing number of customers have expressed discontent with the virtualization giant's new direction. The
Artificial intelligence stocks were moving higher today as earnings season kicked into full swing and as investors continue to digest the impact of DeepSeek on the AI sector. The
Broadcom shares were trading about 4% higher in premarket trade. Meta CFO Susan Li told investors on a conference call that the company will use more of the chips it's designed with Broadcom. The chips are known as Meta's Training and Inference Accelerator,
Delving into the details, we found 58% of traders were bullish, while 30% showed bearish tendencies. Out of all the trades we spotted, 48 were puts, with a value of $2,949,647, and 114 were calls, valued at $7,145,899.
Broadcom Inc.'s strong stock gains, dividend growth, and strategic acquisitions make it a long-term investment opportunity. Learn more on AVGO stock here.
Shares of fabless chip and software maker Broadcom (NASDAQ:AVGO) fell 13.6% in the morning session as stocks heavily tied to the AI market took a hit after Chinese artificial intelligence startup DeepSeek released a new large language model (DeepSeek-R1) that ranks competitively on key global benchmarks (coding competitions,
Comdivision CEO explains Broadcom VMware’s partner strategy and execution in 2025 as VCF services are key while resellers and SMB customers might be let go.
A slew of stocks, including chip maker Nvidia, fell Monday after Chinese startup DeepSeek released an AI model that runs on less-advanced chips and at a lower cost than U.S. rivals.
Broadcom's AI revenue is resilient to trade wars and sanctions, unlike Nvidia, making it a better investment in the current climate. Read more about AVGO stock here.